Shares of the tech giants slipped in late trading on Tuesday after they delivered 2023 results and forecasts for the current quarter, as Wall Street seeks more clarity on AI’s impact on financial performance.
(Bloomberg) Microsoft Corp., Alphabet Inc.’s Google and Advanced Micro Devices Inc. — three companies working harder than nearly anyone to weave artificial intelligence into their products — are finding that investor expectations for the technology are hard to meet.Most Read from BloombergMusk’s $55 Billion Pay Package Voided, Threatening World’s Biggest FortuneMusk Says First Neuralink Patient Received Implant in BrainTech Giants Slide in Late Trading After Earnings: Markets WrapMicrosoft Sa